Musings on the Week

Musings on the Week

March 8, 2014


Communism – Your children's children will live under communism, You American's are so gullible. No, you won't accept communism outright; but we will keep feeding you small doses of socialism until you will finally wake up and find you already have Communism. We will not have to fight you; We will so weaken your economy, until you will fall like overripe fruit into our hands. Nikita Khrushchev, 1959.

Politics – When the economy is good, Progressives raise taxes and expand government, but when the economy turns negative, Progressives blame others, refuse to reduce government, then use the bad economy as a reason to expand government and spend even more.

Politics – Barack Obama has lost all credibility at home and abroad as he tries to rule domestic policies with an iron fist, yet tries to be a contrite “equal” in foreign policies.

Politics – Obama has the Napoleon-Nixon defensive, arrogant, and unaccountable gene,  albeit with none of Nixon's redeeming expertise in international power politics, and none of Napoleon's record for strategy and war.

Politics – In today’s tight budget, we do not owe the First Family separate vacations at taxpayer expense, so the President should pay all costs associated with these personal trips.

Politics – Lois Lerner’s refusal to testify confirms illegality, as a majority of Americans now believe the White House directed the federal government to act for partisan purposes.

Politics – The 5th anniversary of the Tea Party was celebrated by the Tea Party elite in Washington, while the grassroots have been marginalized and localized into impotence.

Economy – The economy again stalls as it bumps into a glass ceiling as employment returns to the conditions that Obama inherited when first elected, and programs still show no results.

Politics - This week’s distractions from the stagnant economy and ObamaCare: selling minimum wage misinformation and lecturing Putin on Russia’s incursion into the Ukraine.

Politics – With no relevant experience and no political accomplishments, and the only asset her genitalia, Republicans are praying that Hillary Clinton is the Democrat candidate.

Communism – Most people who read "The Communist Manifesto" probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of ‘the workers’. Thomas Sowell.


November 2008

February 2014


Annual Federal Spending




Total National Debt




Food Stamp Participation (000)




Average Price/Gallon Gas




Labor Force Participation Rate




Employed (000)




Employment Population Ratio




Unemployed (000)




Unemployed - 27+ wks (000)




Average Weeks Unemployed




Unemployment Rate (U3)



- 0.1%

Underemployment Rate (U6)




Economy – Annual GDP growth during Obama's "recovery" has never topped 3% and, by comparison, annual GDP growth never fell below 3% during the Reagan recovery.

Economy – The CBO predicts the net interest payments by the federal government will grow rapidly, climbing from 1.3% of GDP in 2014 to 3.3% in 2024, as interest rates return to normal.

Jobs– According to the CBO, employment is about 6 million jobs short of where it would be if labor markets were back to a “normalrecovery model.

Jobs – The average annual labor force participation rate hit a 35-year-low of 63.0% in the U.S. in 2014, which translates into 92, 535,000 people not in the labor force.

Finance – The baffling Bitcoin boom is an exercise in self-delusion (the latest tulip-mania) that will soon collapse, and this financial bubble is waiting to burst upon the globe.

Budget – Obama’s proposed budget is DOA as he proposes to sharply cut defense spending and impose $1 trillion in tax hikes during a faltering economy and rising global threats.

Budget – It is time to defund the Export-Import Bank of the United States since it offers sub-market loans to foreign companies to purchase U.S product, but really to crony capitalists.

Healthcare – ObamaCare is effectively killing the private health insurance sector replacing them with a government controlled health delivery structure not based on actuarial reality.

Pensions – In Detroit, a federal judge ruled that pension promises will not be protected during bankruptcy proceedings opening them up to negotiation and downsizing.

Poverty – Last century the poverty rate declining naturally, but now we must question what would have happened if the federal government had not become involved?

Energy – Obama’s 61 month long navel-gaze on the Keystone XL pipeline is a conscious strategy of “analysis paralysis” to delay indefinitely any petroleum based energy investments.

Abortion – Planned Parenthood has received $1.9 billion from taxpayers in the past four years, while delivering 1,200,000 children executed in the wombs of their mothers.

Marriage – The rule of law requires either the federal definition of marriage (DOMA) as pre-eminent or each state’s definition applies, but not both and not whichever you agree with!

Crime – There is a double standard when it is outrageous for government to assume that a young black male is more likely to commit a crime; but that government should target young black men for help because they are more likely to commit crimes.

Communism – Communism has never come to power in a country that was not disrupted by war or corruption, or both.John F. Kennedy.

Foreign Policy – Barack Obama and John Kerry have yet to learn that their cult of personality has no power internationally and is not an effective tool in negotiating foreign agreements.

Foreign Trade – The Trans-Pacific Partnership has met staunch resistance because this values-driven trade policy” includes ambitious, heavy-handed environmental obligations.

United Nations – The United Nations would be just as useless as the League of Nations, only a deterrent when the U.S. puts its foot down and the rest of the world doesn’t get in the way. 
Defense – Undersecretary of State Rose Gottemoeller, a left-wing peacenik and old Soviet apologist is Obama's top arms negotiator and is busy downsizing America's nuclear arsenal.

GWOT – Kunming, China is the latest site of Muslim terrorist attacks with 29 killed and 143 injured, but the western press dismisses this jihadi attack as a “separatist” political statement.

Israel – Desperate for any success, Obama is trying to bully Netanyahu into signing a two-state peace framework, despite Palestinian refusal to recognize Israel’s right to exist!

Ukraine – Like Jimmy Carter, who was rewarded by Leonid Brezhnev with a Soviet invasion of Afghanistan, Vladimir Putin has returned Obama’s favor with a Russian invasion of Ukraine.


David Coughlin

Hawthorne, NY